Embassy Group expanding real estate business
A Bangalore-based real estate developer, Embassy Group is in a pace of acquiring 80 million square feet of integrated township development.
The company which has around 300 acres with them from over the year near Bangalore International Airport (BIA) will soon be accumulate land township development worth Rs 3,000 crore.
Also, now the talks are in the air as to Embassy having words with Emkay Group based in Malaysia.
However, its a fact that the road leading to BIA has been attracting many realty players and developers from Godrej Properties to Century Real Estate, Brigade Group and right now Embassy Group.
Likely private equity shares release from the company can be expected very soon!
Source: Business Standard
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